You are at: Home » Trading Bitcoin Binary Options Without Getting Scammed – 88% ROI??

Trading Bitcoin Binary Options Without Getting Scammed – 88% ROI??

bitcoin binary options If you’re looking into Bitcoin trading you’ve probably encountered companies like Trade Rush which provide Bitcoin Binary Options trading.

What Are Bitcoin Binary Options ?

Bitcoin Binary Options is a form of trading in which you predict if the price of Bitcoin will rise or fall in a certain amount of time. If you’re correct you earn the option’s payoff, if you’re incorrect you lose your investment. Each Bitcoin binary option has a specific expiration date at which the option is checked to see if it’s “In the money” (you were correct) or “Out of the money” (you were incorrect). Each Bitcoin binary option also has a specific payoff that you can win. They are called “Binary Options” because the outcome is either win or lose, there’s nothing in between.

An example for Bitcoin Binary Option Trading

For example, let’s say it’s 10am and the BTC price is $575.505. You believe that by 5:10pm on March 17th the price will be higher than $575.505 so you buy a “Call” option. If at 4pm the BTC price is higher than $575.505, you earn the payout of 73% of your investment, if it’s lower, you lose. Another example is if you think the BTC price will go down. You then buy a “Put” option. If the price at the expiration time is lower than the original price, you earn the option’s payout.

bitcoin binary option example

The Upside of Bitcoin Binary Options

  • You don’t have to know the exact value of Bitcoin when the option expires, only if it increased or decreased.
  • You don’t have to have extensive knowledge in trading to participate in Bitcoin binary options.
  • Payout can reach up to 88% return on investment.

The Downside of Bitcoin Binary Options

As you may have noticed, Bitcoin binary options have a great similarity to plain gambling. If you study binary options in detail you will see that the trading platform will always have an edge over the investor (you need to win over 50% of the time just to break even). Because of the unpredictable nature of Bitcoin binary options many countries have strict regulations regarding who is allowed to operate such a business, it is advisable to check if the exchange were you wish to trade Bitcoin binary options is regulated. Also Bitcoin options can become highly addictive (just like gambling), and no matter how knowledgable you are, it’s impossible to consistently predict what Bitcoin prices will do within a short time frame.

Bitcoin Binary Options Exchanges

Today, two companies have taken the advantage of Bitcoin’s increasing volatility and are allowing customers to trade in Bitcoin binary options: TradeRush – Accepts customers Worldwide. Top Option – Does not accept US customers.

Be careful! You’re Capital is At Risk

If I wasn’t clear enough until now, then keep in mind that trading in Binary Options is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading.

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.

35 comments on “Trading Bitcoin Binary Options Without Getting Scammed – 88% ROI??”

Leave a Reply

Your email address will not be published.

  1. Welyn D.Villanueva

    Hi! Do you guys know about Richard Nyman,i meet him in facebook ans ge says his from Forex trading..His asking me to invest to him..and promise to make my money triple in return…is it legit???

    1. …never invest ur money with any 1,ensure that the broker is regulated before trading on their site


    Has any heard of ***Warning: Scam Site – KSBITCORE ***? I believe I was scammed. They take you initial investment and then once you reach a profit, you have to pay them $850 to withdraw your money. They call it a verification fee. The don’t tell you about the fee upfront. So, I guess I’m out of $500..

  3. Go to a new product like gemini GUSD or coinlist
    CASPER…it’s the right investment, start at the beginning…
    I’m not expert, I’m newbie also but based on my study. Be careful to invest..just think about it. Go where ur money safe..CRYPTO like a wave, they goes down fast and goes up anytime. Well gudluck.

Scroll to Top